Apartment association · Rakvere linn

Võidu tn 42 apartment association

Rakvere linn, Võidu tn 42 korteriühistu (registry code 80069709) manages a 5-storey panel building built in 1989 with 40 flats. According to its 2025 annual report, the association's long-term liabilities were €64,619 (€46 per m² of flat space) and it held €13,496 in cash. Long-term liabilities have fallen 49% since 2019.

Board

C
Association grade
C · average
Rakvere linn: ranked 82 of 202 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1989
Storeys
5
Construction
panel
Flats
40
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Võidu tn 42 →

Long-term liabilities
€64,619
as of 31.12.2025
Liabilities per m²
€46
similar buildings with a renovation loan €143
Cash
€13,496
€10/m² · similar €14/m²
Income per m² a month
€0.87
similar buildings €0.65

Compared with similar buildings: Rakvere linn, built 1984–1994, panel (25 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
92 €/m²201985 €/m²202078 €/m²202170 €/m²202263 €/m²202355 €/m²202446 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.65 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 64% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2031.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€64,619€28,254€13,496€14,446€0
2024€75,903€31,129€14,644€24,780€0
2023€86,939€30,655€14,530€12,469€1,527
2022€97,727€26,938€7,797€12,620€3,054
2021€108,282€25,415€6,714€13,496€3,054
2020€118,321€23,857€5,683€12,521€3,054
2019€127,470€22,792€4,540€11,593€3,054

Compared with similar buildings (Rakvere linn, built 1984–1994, panel; 25 associations), long-term liabilities per m² of flat space are higher than 44% of them. The median for buildings with a loan is €118/m².

Flats in this building

2 flats were offered for rent at €250–€300 a month.

Estate agents in Rakvere · Flat prices in Rakvere

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
EVõidu tn 381974 · 12 flats€0€6,4062025
AVõidu tn 441989 · 30 flats€92,922€9,2202025
–Võidu tn 371897 · 2 flatsno reports
–Posti tn 201895 · 3 flatsno reports
BVõidu tn 341961 · 14 flats€0€02025
BRohuaia tn 201973 · 12 flats€256,672€4,8322025
EPosti tn 251975 · 10 flats€118,163€4,1022025
CPosti tn 261975 · 8 flats€16,634€26,7052025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €64,619 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €13,496.

When was the building built?

According to the building register, it was first used in 1989 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Heljo Uussalu, Kairi Raudberg, Maiu Vahkal (board since 04.12.2018).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.